What's new – Changes to Form T1174

Form T1174, Agreement Between Associated Corporations to Allocate Salary or Wages of Specified Employees for Scientific Research and Experimental Development (SR&ED) Carried out in Canada, has been revised. The new version, Form T1174 (08), is effective as of November 10, 2008.

The following changes have been made:

• The title of the form has been changed.
• A new question has been added asking claimants to indicate if copies of the resolutions of the directors have been submitted in a prior year.
• The maximum pensionable earnings under the Canada Pension Plan are revised to $44,900 for 2008 and to $43,700 for 2007.